Investments

In order to achieve financial freedom, you must build your financial nut as large as possible. Once you have a larger enough financial nut, it will be able to generate enough passive income to cover your living expenses. This is the true definition of financial independence. In some years, your financial nut will return an […]

Are you asking yourself: should I invest in P2P lending? My short answer is no. I do not recommend investing in P2P lending because returns are lower, risk is higher, and I’m not sure platforms like Prosper will be around. P2P lending ranks last in my best investment rankings chart. If you are still interested

Here are are some tips for borrowers of peer-to-peer lending. Peer-to-peer lending has become a popular way for more borrowers to access money beyond going to a traditional bank. Frankly, I think getting a personal loan from a marketplace like Credible is the most efficient way to borrow money nowadays. Rates have come way down

On December 10, 2008, Bernie Madoff’s two sons told authorities their father was running a $65B Ponzi scheme for decades. Supposedly the sons and mother had no idea. Beware, ponzi schemes are everywhere. Bernie’s scheme began to unravel after the financial crisis in 2008 catalyzed a series of fund redemptions, which ultimately forced Bernie to come clean to

It’s bull markets baby. Now that we’re at record highs in 2021, well over 10 years since the bottom of the financial crisis, I’m left wondering now whether it’s time to take profits and sell everything. If you’ve been 100% invested in equities since the beginning of the year, you are likely only up 11%.

Are you interested in investing in options? There’s a lot of information out there you can read and some of it is crazy complex. Back in 1998, the head of the derivatives desk at Goldman made me read a 1,000 page book called, Options As A Strategic Investment by Lawrence McMillan after our first round of interviews. When